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NEW QUESTION # 22
Which of the followingcapacity planning strategiesis theleast conservative?
Answer: C
Explanation:
* Lead strategyis theleast conservativeas itincreases capacity before demand is proven, making it risky but proactive.
* Lag strategy (B)waits for demand toexceed capacitybefore expanding.
* Incremental strategy (C)expandsgradually over time.
* Demand smoothing (D)focuses onmanaging demand fluctuations, not increasing capacity.
(LO 1.3, See p.54-55)
NEW QUESTION # 23
Mabel, theOperations Directorat a hotel, is engaged in a debate abouttrade-offs. The CFO believes that efficiency and effectiveness cannot be achieved together. Is this correct?
Answer: A
Explanation:
* Trade-offs involve balancing objectives(cost, quality, speed) toenhance both efficiency and effectiveness.
* Technology helps (D), but trade-offs still existin areas likesustainability and ethical sourcing.
* Continuous improvement (B) remains crucialeven with trade-offs.
(LO 2.2, See p.128-129)
NEW QUESTION # 24
Paul is the Operations Manager at a button factory. Buttons are incorporated into many different fashion garments, and as they are currently 'on trend,' there is a high demand for more buttons. Paul is concerned that the factory cannot produce the number of buttons that is being demanded in the marketplace. He has calculated that each team within the factory only has the capacity to create 1,000 buttons per day, and he will decline any requests for buttons that exceed this amount. In terms of Capacity Loading, what is this called?
Answer: C
Explanation:
This isfinite loading. There is a finite amount of buttons that can be produced. Finite means there is a limit.
This is the opposite ofinfinite loading, where a team can take on additional tasks/orders without any issues.
Maximum loadingis similar to finite loading, but the difference is subtle-maximum is the amount of work that is possible in a given time period, but no limits are placed on this. Infinite loading, a strict limit is placed.
(See p.181)
NEW QUESTION # 25
Which of the following aretypical objectives of Linear Programming (LP)?Select ALL that apply.
Answer: A,B,C,E
Explanation:
* Linear Programming (LP) aims to optimise resource allocationby:
* Minimising inventory levels(reduce storage costs).
* Maximising machine working hours(increase efficiency).
* Minimising production costs(reduce expenses).
* Maximising labour working hours(increase productivity).
* Option C is incorrect-LPaims to minimise, not maximise, transportation costs.
(LO 1.3, See p.47)
NEW QUESTION # 26
Carla is an Operations Manager at a bank. Customers are requestingmore digitalisationof services, and Carla is consideringa radical approachthat streamlines decision-making and creates efficiency in the organisation' s structural resources. What is this approach best known as?
Answer: B
Explanation:
Thekeyword here is "radical", which is a key feature ofbusiness process reengineering (BPR).
* Total quality management (A) is incorrectbecause TQM focuses ongradualquality improvements.
* Lean (C) is incorrectbecause it focuses onwaste reduction, which is not mentioned.
* Six Sigma (D) is incorrectbecause it focuses onprocess improvement through data and system development, but it is not consideredradical.
(LO 2.1, See p.68)
NEW QUESTION # 27
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